Peekskill, NY MAG Capital Partners has acquired two modern industrial facilities along the Hudson River, in a sale-leaseback transaction with White Plains Linen, the premier linen supply provider in the tri-state area serving restaurants, caterers
Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth
Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and
Queens, NY Merchants Capital closed $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable housing community in Far Rockaway.
When it comes to land development, choosing the right surveyor is more than checking a box – it can critically impact your project. For developers, surveys lay the groundwork for everything that follows, from accurate designs and permitting to keeping schedules
West Babylon, NY Michael Pisciotta and Jeremy Hackett of Metro Realty Services leased 2,000 s/f at 110 Bell St. to Rizzo Restoration LLC.
Brooklyn, NY TerraCRG closed on the sale of 1375 Bedford Ave., a three-unit mixed-use property located at the intersection of Bedford Ave., Bergen St. and Rogers St. in Crown Heights. TerraCRG’s Matt Cosentino, Remi Norris and Daniel Chung
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Manhattan, NY According to Silverstein Properties, Clear Street has committed to a 10-plus-year lease extension, as well as an expansion to grow its headquarters to nearly 88,000 s/f at 4 World Trade Center, the 72-story tower in Lower Manhattan.
Queens, NY Simone Development Companies negotiated a new long-term lease with North Dermatology for 1,909 s/f of medical space at 35-30 Francis Lewis Blvd. in Flushing.